GOLD PRICE IN JAPANESE YEN — MAY 21, 2024
💱 XAU/JPY · Tuesday, May 21, 2024
On Tuesday, May 21, 2024, the gold spot price was C$3,298.60 per troy ounce in Canadian Dollars, equivalent to ¥344,043.98 JPY per ounce or ¥11,061.26 JPY per gram. Gold fell -0.41% from the previous trading session.
Currency fluctuations between CAD and JPY significantly impact the effective cost of gold for international investors. Japan is the world's third-largest economy and a significant gold consumer, particularly for jewelry and industrial applications. The Bank of Japan's ultra-loose monetary policy has historically supported higher gold prices in Yen terms, making Japan an active gold market for both institutional and retail investors.
PRICE COMPARISON — MAY 21, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,298.60 | C$106.05 | C$106,052.30 |
| JPY | ¥344,043.98 | ¥11,061.26 | ¥11,061,254.79 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,309.22 | ¥345,151.65 |
| High | C$3,309.22 | ¥345,151.65 |
| Low | C$3,297.64 | ¥343,943.85 |
| Close | C$3,298.60 | ¥344,043.98 |